Corporate Sector Current Affairs, GK & News

Insolvency and Bankruptcy Code Amendment Ordinance, 2021

The President of India, Shri Ram Nath Kovind recently promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021. The ordinance will allow pre-packaged insolvency resolution process for MSMEs. The Pre-packaged Insolvency Resolution Process is called PIRP. About the Ordinance The ordinance introduces a pre-packaged insolvency resolution process for corporate persons classified as MSMEs under the ..

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Carbon Disclosure Project: India ranks 5th

On January 21, 2020, the Carbon Disclosure Project, an annual report on carbon reduction activities of different countries and their firms was released by a non-profit organization Global Reporting Initiative. According to the report, the countries were ranked based on their corporate responsibilities of carbon reduction. In order to assess the role played by them, ..

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Committee on Companies Act, 2013 submits its report to Finance Ministry

Ministry of Finance and Corporate Affairs constituted the Company Law Committee in September 2019. The Committee submitted its report to the Finance Minister on November 18, 2019. Objective of the Committee The Committee was constituted to decriminalize the Companies Act, 2013. This is being done to provide Ease of Living for Corporate in the country. ..

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India International Trade Fair Begins

The 39th India International Trade Fair is to begin in New Delhi on November 14, 2019. Around 25,000 people are expected to visit the fair. Theme: “Ease of Doing Business” The theme is inspired from India’s 63rd rank in the World Bank’s Ease of Doing Business. Highlights The Fair is to serve as a convergence ..

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National Water Awards 2018 Presented

The Union Minister for Water Resources, River Development, and Rejuvenation presented 82 National Water Awards in 14 categories for the year 2018. The Union Minister of State for Water Resources, River Development, and Rejuvenation Arjun Ram Meghwal expressed his happiness over National Water Awards which have been resumed after a gap of 12 years and said that this is ..

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